Top 5 EV news of the day
Here are the Top 5 EV news of the day.
Piaggio to launch fully electric three-wheeler in Mumbai
Italian automaker which manufactures two and three wheelers is all set to launch its fully electric three-wheeler in Mumbai by September.
The three-wheelers said to be developed with in house components whereas some of its components are taken from outside suppliers.
It imported lithium battery cells and other components such as the engine and battery management system are from locals.
Piaggio is a 100 percent owned subsidiary of Italy’s Piaggio Group started in India in 1999 with the launch of three-wheeler brand.
Britain allocated £1.4 million in funding to develop the latest battery technology
Britain government announced the £1.4 million funding to develop the latest battery technology to Faraday Battery Challenge, Deregallera Ltd and Tri-Wall Europe Limited have been allocated a share.
This allocation will create highly skilled, well-paid jobs across the Wales country.
NITI Aayog CEO Amitabh Kant to meet all automakers of 2&3 wheelers
NITI Aayog CEO Amitabh Kant to meet with automakers and heads to discuss the two- and three-wheeler companies based in New Delhi on June 21 to discuss the road map for the adoption of electric vehicles (EVs).
This step has been taken with regard to top auto companies and industries such as Confederation of Indian Industry (CII) and the Society of Indian Automobile Manufacturers (Siam) said that the government is running to fast in the adoption of electric vehicles without thinking about the policy.
Electric Hyundai Kona SUV To Be Sold In 16 Cities, Launch on July 9
Electric-Hyundai Kona launching on July 9 in 16 cities. It will be sold in 16 Cities in India.
The Kona SUV will be launched in selected 16 cities through CKD route and sold through dealerships with proper infrastructure to charge an EV fastly. Fast chargers can charge the EV up to 80 percent in just 1 hour.
EV Startups struggling to survive
China, the world’s largest electric vehicle market has billions of dollars in funding, supported biggest tech companies. But Still Chinese EV start-ups struggling to survive in the face of intensifying competition and subsidy cuts.
The EV sales market has grown ten times since 2014 and the last year it was the first country to have new energy vehicles sales surpass of 1m, about three-quarters of pure EVs and the rest hybrids.
The EV Chinese start-ups such as Nio and Xpeng raised more than $10bn in recent years is expected to cut down rates.
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